https://www.taxtmi.com/caselaws?id=177966 The Tribunal upheld the CIT (A)'s decision to treat royalty expenses as revenue expenditure, following the precedent set by the Hon'ble Delhi High Court in the appellant's earlier cases. The appeal filed by the revenue challenging the disallowance of royalty expenses was dismissed, affirming the treatment of royalty expenses as allowable revenue expenditure for the assessment year in question. en-us Wed, 12 Mar 2014 00:00:00 +0530 Sat, 23 Jan 2016 10:34:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177966 The Tribunal upheld the CIT (A)'s decision to treat royalty expenses as revenue expenditure, following the precedent set by the Hon'ble Delhi High Court in the appellant's earlier cases. The appeal filed by the revenue challenging the disallowance of royalty expenses was dismissed, affirming the treatment of royalty expenses as allowable revenue expenditure for the assessment year in question. Case-Laws Income Tax Wed, 12 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177966